Examples of Bank Group in a sentence
World Bazaars, the Bank Group, and the Creditors' Committee believe that World Bazaars has numerous, significant claims, rights, and causes of actions against the Abulafias.
For example, the Plan classifies the Secured Claims of the Bank Group under the Credit Facility in Class 1 and the Bank Group's remaining claims against World Bazaars in Class 6.
This trustee would likely be elected by World Bazaars' unsecured creditors, including the Bank Group, which holds an estimated $17.1 million deficiency claim.
World Bazaars has considered whether it may have any valid claims, rights, or causes of action against the Bank Group.
Liquidations were concentrated in the past two years with the closure of 10 credit institutions, of which two institutions generated the largest volume of compensations so far (Orgovány and Region Savings Cooperative and, composed of four banks, the DRB Bank Group2).The substantial amounts paid out in compensation in 2014 almost depleted the NDIF’s reserves and it was in this financial situation that the NDIF faced the liquidation of the DRB Bank Group in 2015.